Section 5747.71 | Earned income tax credit.
There is hereby allowed a nonrefundable credit against a taxpayer's aggregate tax liability under section 5747.02 of the Revised Code for a taxpayer who is an "eligible individual" as defined in section 32 of the Internal Revenue Code. The credit shall equal thirty per cent of the federal credit allowed for the taxable year. The credit shall not exceed the aggregate amount of tax otherwise due under section 5747.02 of the Revised Code after deducting any other nonrefundable credits that precede the credit allowed under this section in the order prescribed by section 5747.98 of the Revised Code.
The credit shall be claimed in the order prescribed by section 5747.98 of the Revised Code.
Available Versions of this Section
- September 15, 2014 – House Bill 483 - 130th General Assembly [ View September 15, 2014 Version ]
- September 29, 2015 – House Bill 64 - 131st General Assembly [ View September 29, 2015 Version ]
- February 15, 2016 – Senate Bill 208 - 131st General Assembly [ View February 15, 2016 Version ]
- July 3, 2019 – Amended by House Bill 62 - 133rd General Assembly [ View July 3, 2019 Version ]